Which of the following is not considered to be a disadvantage of the sole proprietorship form of business organization?
A) limited ability to raise capital
B) life is limited to that of the owner
C) unlimited liability of business owners
D) fewer regulations and reporting requirements

Question

Quizplus · Accepted Answer

The sole proprietorship form of business organization has several disadvantages, such as limited ability to raise capital, unlimited liability of business owners, and life limited to that of the owner. However, fewer regulations and reporting requirements are not considered a disadvantage but rather an advantage of this form of business organization.

Which of the Following Is Not Considered to Be a Disadvantage